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Linkage between fuel charges and costs

Business | Airlines and airports
2009-11-13

CHINA'S top economic planning body yesterday introduced a mechanism that links fuel surcharges on domestic air routes to fuel costs to better reflect price movements. Domestic carriers can impose the fuel surcharges...

China home prices head for the roof

Business | Real estate
2009-11-11

CHINA'S urban housing prices rose in October by the largest amount in more than a year as a buying spree played out amid abundant liquidity. Housing prices in 70 major cities jumped 3.8 percent last month, the...

Jet fuel surcharges to return

Business | Airlines and airports
2009-11-11

CHINA will resume fuel surcharges on domestic air routes to offset climbing costs after the nation's top planning body raised jet fuel price by 6.6 percent. The National Development and Reform Commission, which...

Local gas pump prices jump by 12%

Business | Energy
2009-11-10

CHINA yesterday raised fuel prices by more than 7 percent to reflect recent increases in global oil costs. But pump prices in Shanghai jumped even higher as the city also adopted a new emission standard to help...

High-tech sector gets VC funds of US$1.3b

Business | Macro-economy and policy
2009-10-31

CHINA'S top economic planner yesterday said it had launched venture capital funds totalling 9 billion yuan (US$1.3 billion) jointly with several provincial and city governments as well as private investors to support...

3b yuan in the pipeline for SMEs

Business | Macro-economy and policy
2009-10-28

CHINA will take more measures to encourage private investment in the next stage of its 4-trillion-yuan (US$586 billion) stimulus package, the National Development and Reform Commission said yesterday. The commission,...

State vows to cut back industrial oversupply

Business | Macro-economy and policy
2009-10-20

CHINA has again promised to curb excess investment in its key industries as the government seeks to prevent a reckless investment spree from spoiling economic recovery. The government will withhold approval for...

Housing prices increase at fastest pace in a year

Business | Real estate
2009-10-16

THE recovery of the property sector in Shanghai and other cities across China continued in September as housing prices rose at the fastest pace in a year and investment and construction quickened as well. Property...

Homes in 70 cities more costly

Business | Real estate
2009-9-11

HOUSING prices in 70 major cities in China rose for the third consecutive month in August as low interest rates and positive consumer sentiment fuel demand, the country's top economic planner said yesterday. Prices...

China to hold line on hikes in prices

Business | Macro-economy and policy
2009-8-28

CHINA'S top economic planner said yesterday the country will avoid large, widespread and long-term price rises as overall supply should match demand in the foreseeable future. The National Development and Reform...